“She’s really worked hard,” Bill Clinton said. “I think she’s done a fabulous job. I’m very proud of her. But she wants to take some time off, kind of regroup.”

Clinton said the Democratic Party will have many qualified candidates in four years but suggested his wife would be at the top of the list.

“I know I’m biased,” Clinton said, “but I think she demonstrated as senator and as secretary of state that she has extraordinary ability, a lot of common sense, a lot of, you know, stick-to-itiveness. She’ll push a rock up a hill as long as it takes to get it up the hill.”

Clinton also addressed the ongoing White House race between Obama and Republican Mitt Romney in the interview with CBS and in a sit-down with “Fareed Zakaria GPS” on CNN.

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Echoing a line from his well-received speech at the Democratic National Convention, Clinton told “Face the Nation” host Bob Schieffer that no president could have “magically” repaired the national economy in only one term.

Romney is staking his candidacy on an ability to speed the country’s economic recovery, which he says has been unsatisfactorily slow under Obama.